JAKARTA — Three bidders sign confidentiality agreements with the Indonesian Bank Restructuring Agency (IBRA) in order to begin due diligence on Indonesia's PT Astra International. A 40% stake in the national carmaker, now controlled by IBRA and likely to be worth at least US$500 million, is up for grabs. The recently short-listed bidders now must sign a similar agreement with Astra before the sale process may proceed. The bidders include a consortium led by Gilbert Global Equity Partners ...
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